True/False
An absolute advantage exists when a country has a monopoly on a natural resource.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The World Bank and other multilateral development
Q2: The primary problem with a trade deficit
Q3: When a nation imports more than it
Q5: Only small firms are mobile enough to
Q6: Direct investment is the least risky and
Q7: The International Monetary Fund promotes trade among
Q8: Not all countries trading in international markets
Q9: The balance of payments includes all the
Q10: Which countries were merged into one market
Q11: When a country devalues its currency,this encourages